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Troubled housing financier DHFL extended loans amounting to Rs 19,753 crore to companies having ‘commonalities’ with itself, according to a draft forensic report by accounting firm KPMG. The finding that loans were made to companies linked to the group amounts to an indictment and could impede any restructuring by the lenders.
Troubled housing financier DHFL extended loans amounting to Rs 19,753 crore to companies having ‘commonalities’ with itself, according to a draft forensic report by accounting firm KPMG. The finding that loans were made to companies linked to the group amounts to an indictment and could impede any restructuring by the lenders.
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